The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing (22 - 23) Manufacture of rubber, plastic and non-metallic minerals 22 - Manufacture of rubber and plastic products 22 - Manufacture of rubber and plastic products
95 jobs Number of planned job losses
Announcement Date
1 December 2003
Employment effect (start)
Foreseen end date
Description
MLPC, subsidiary of Atofina (Total group), announced a restructuring plan affecting 95 jobs out of 330 on two plants: Rion-des-Landes and Lesgor. The measure is due to the loss of contracts with GoodYear and the high rate of the euro currency, as exports reprent 80% of their production.
Sources
1 December 2003: Les Echos
Citation
Eurofound (2003), MLPC, Internal restructuring in France, factsheet number 59188, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59188.